Ghana has made “significant progress” in debt-restructuring negotiations and the latest snag that sent its eurobonds tumbling on Monday will be ironed out in further talks with bondholders, Finance Minister, Mohammed Amin Adam said. Negotiations that started mid-March resulted in an interim deal last week, with international investors holding about 40 per cent of Ghana’s … The post We
The Management of the Ghana Water Company Ltd (GWCL) says the GH¢1.2 billion debt owed by customers is having a negative impact on the operations of the company. “ As a utility company mandated by law to ensure access to clean water, the company is committed to providing reliable services, however, the GWCL is persistently … The post Customers’ GH¢1.2 billion
The OmniBSIC Bank, thought to be the fastest growing bank in the country, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 per cent to GH¢150.6 million in … The post OmniBSIC Bank posts historic GH¢150m
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […] The post NDC
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
Two men were reported dead and three injured when some Kplejoo groups clashed with the Navy at Tema Newtown during the final procession of the Kplejoo festival. The Ghana News Agency (GNA) reports that as part of the festival, the groups on the evening of last Friday, went on their usual annual procession throughout the … The post 2 dead, 3 injured in Navy, Kplejoo appeared first on Ghanaian
A private legal practitioner, Kwabena Boateng, has beaten eight other persons who competed in the New Patriotic Party (NPP) primary held at Ejisu on April 13 to become the parliamentary candidate. The contestants in last Saturday’s NPP primary included former Ghana Football Association (GFA) boss, Kwesi Nyantakyi, Dr. Evans Duah, Klinsman Karikari Mensah, Helena Mensah, […] The post Kwabena
The Ghana Revenue Authority (GRA) has handed over 14 out of the 182 containers of locked-up pharmaceutical products needed in the fight against HIV/AIDS, malaria and tuberculosis to the Ministry of Health. The essential medical commodities, including antiretroviral drugs for HIV patients, were stuck at the Tema port for almost a year due to the … The post GRA
Ghana is expected to receive about US$360 million from the International Monetary Fund (IMF) following a staff-level agreement reached between the government and staff of the Fund. However, this agreement, which is on the second review of the country’s economic programme under the US$3 billion Extended Credit Facility arrangement, is subject to IMF’s management approval … The post IMF
The Minister of National Security, Mr Albert Kan- Dapaah, has advocated homegrown initiatives in curbing security threats in West Africa. Mr Kan-Dapaah stressed that developments in West Africa were “emblematic of the chaos and crisis” that had characterised the world in the past decade; the magnitude of which remains unprecedented since the end of the … The post Support
The President, Nana Addo Dankwa Akufo-Addo, over the weekend launched an endowment fund for the Anglican University College of Technology (ANGUTECH) with a call on adherents of the Anglican faith and public-spirited individuals to contribute to the fund. The fund, which seeks to raise a minimum of $2 million, is to support the recapitalisation of … The post President
Former Ghana captain Asamoah Gyan has reminisced about the 2006 World Cup, acknowledging the challenge he faced against Italy, particularly against defender Fabio Cannavaro. In what marked Gyan’s debut appearance in the World Cup, he encountered one of the era’s finest defenders and struggled to break through. Reflecting on the match, he admitted, “Italy was […] The post Asamoah
Former Black Stars skipper Asamoah Gyan says his biggest regret in his career is missing Ghana’s crucial penalty against Uruguay in the 2010 FIFA World Cup quarter-final, eventually missing out on further making history at the world’s biggest stage. Gyan was known for his brilliance in attacking positions and his ability to score crucial goals […] The post Ex-Ghana star Gyan
Ghana’s record goal scorer, Asamoah Gyan says there was no friction between himself and Stephen Appiah to take the crucial penalty that he missed against Uruguay in the 2010 FIFA World Cup quarter-final. Gyan was a spot kick away from taking Ghana and Africa to its first-ever World Cup quarter-final in the final minute of […] The post Gyan refutes claims of penalty duty controversy
The Second Vice Chairman for the Ejisu Constituency of the New Patriotic Party (NPP), Mr Kwabena Boateng, emerged victorious as the Party’s Parliamentary Candidate ahead of the upcoming general election. He polled 394 votes in the Saturday’s primary, outperforming his closest competitor, Helena Mensah, who garnered 302 votes, with Yaa Akyemaa Aboagye trailing with 229 … The post Kwabena
Former Ghana captain Asamoah Gyan has expressed his willingness to accept an offer to serve as running mate to Vice President Dr. Mahamudu Bawumia if such an opportunity arises. Speaking on Onua TV, Gyan stated that being offered such an “honour” would be difficult to turn down, although he acknowledged that the speculation surrounding this […] The post Asamoah Gyan open to vice presidential
Former Black Stars striker Asamoah Gyan has made a candid admission regarding his actions during Ghana's match against Brazil in the 2006 World Cup, revealing that he intentionally dived in an attempt to deceive the referee and win a penalty. The post Asamoah Gyan admits diving offence against Brazil in 2006 World Cup first appeared on 3News
Ghana’s record goal scorer Asamoah Gyan insists that his newly introduced initiative, the All Regional Games will provide the country with the much-needed talent to compete for more medals and silverware in the coming years and improve sports development in the long run for the nation. The post Asamoah Gyan unveils focus for All Regional Games first appeared on
Former Black Stars captain Asamoah Gyan has shared a remarkable anecdote about his debut goal at the 2006 World Cup, revealing that he had a premonition of scoring against the Czech Republic. The post I told my brother about it before the game – Asamoah Gyan reflects on debut World Cup goal first appeared on 3News.
More than 13,000 infrastructural projects have been successfully executed and validated by the government between January 2017 and June 2023, Minister of Works and Housing, Kojo Oppong Nkrumah, has revealed. Mr Oppong Nkrumah launching the tracker Photo: Victor A. Buxton These projects, he said, included a total of 11,974.96 kilometres of roads, 1,446 telephony sites, … The post Performance
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